Overview of Validators in the Terra LUNA Ecosystem

  • Run the correct software version — servers are constantly online, absolutely no time offline
  • Participation in price discovery and stabilization — report accurate market prices of LUNA, and keep Terra stablecoins stable
  • Contribute to the deployment of community pool funds — participate in the Terra Protocol governance systems
  • Be active participants in the community — vote on proposals, provide oversight and feedback when needed
  • Amount of self-bonded LUNA — the amount of LUNA a validator staked to itself
  • Amount of delegated LUNA — this shows community trust for this validator
  • Commission rate — this takes away from revenue before it is distributed to delegators
Validator sorting options from Terra Station Staking Dashboard
  • Compute fees — gas fees accumulated from transactions that are disbursed to participating validators at the end of each block
  • Stability fees — small fees generated from each Terra transaction, that is paid in any Terra currency that is disbursed at the end of every block
  • Burning rewards — Involves the Exchange Rate 0racle
  • Swap fees — fees generated from swapping transactions of LUNA and Terra that are burned creating scarcity, thus rewarding validators indirectly

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